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Need safeguards before raising FDI limit to 100% in insurance: Parl Panel
Update / Judgement Date
19 Mar 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
A parliamentary panel has emphasized the need for safeguards before raising the FDI limit to 100% in the insurance sector. This recommendation aims to protect the interests of policyholders and ensure regulatory oversight. The panel's report reflects concerns about foreign control in the insurance industry. This initiative highlights the importance of regulatory frameworks. The move will impact the insurance sector's FDI policy.